Expensive
Affordable
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These days, finding an affordable place to live in the Cherry Point area can be challenging. Home prices in Cherry Point are now at a median cost of $230,661, lower than the North Carolina average of $323,314.
The average cost of rent is $1,487/mo in Cherry Point, primarily driven by the current value of real estate in the Cherry Point area. In Cherry Point, 78.22% of households rent, and 37.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Point is $5,705 per month. Households that rent pay about 26.06% of their income on rent here. Cherry Point’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Havelock, NC: equally priced homes
- Minnesott Beach, NC: higher priced homes
- Neuse Forest, NC: equally priced homes
- Harlowe, NC: higher priced homes
- Arapahoe, NC: equally priced homes
- Kennel Beach, NC: less expensive homes
- Thurman, NC: higher priced homes
- Janeiro, NC: higher priced homes
- James City, NC: equally priced homes
- Merrimon, NC: higher priced homes
Cities with Similar Populations
- Tribune, KS: less expensive homes
- Glen Aubrey, NY: less expensive homes
- Stones River Homes, TN: higher priced homes
- Sugar Rapids, MI: less expensive homes
- Garber, OK: less expensive homes
- Tamiment, PA: higher priced homes
- Forty Four, AR: less expensive homes
- Fort Hancock, TX: less expensive homes
- Texico, IL: less expensive homes
- Flackville, NY: less expensive homes
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